Leonhardt clutches to shards of hope:

It’s worth keeping something in mind: The official government statistics are probably understating job growth right now. That tends to be the pattern after recessions end. As the economy is starting to add jobs again, the Bureau of Labor Statistics understates job growth. And the opposite happens during recessions: That’s when the government understates job losses.

We want to hear what you think about this article. Submit a letter to the editor or write to letters@theatlantic.com.